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2653 Old 1st St 4,842 SF 100% Leased Retail Building Livermore, CA 94550 $3,732,750 CAD ($770.91 CAD/SF) 5.95% Cap Rate
EXECUTIVE SUMMARY
An excellent opportunity to own a versatile automotive property in the heart of Downtown Livermore. The property is located at 2653 Old 1st Street (also identified as 2645 Old 1st Street, 2654 1st Street, and 2656 1st Street), this 0.51-acre site (22,127 sq. ft.) includes a 3,100 sq. ft. quick lube/auto repair shop that is leased on a long term 10-year deal giving stable income and also includes a 1,742 sq. ft. self-service car wash totaling 4,842 sq. ft which is leased on a month-to-month basis allowing an owner to occupy and run their own self-service car wash or to construct a new mini express car wash on the property. The quick-lube building offers two service bays with pits and two repair bays without pits, providing functional space for automotive services. Its' strategic location near residential neighborhoods and major transportation routes ensures convenience and accessibility. With strong potential for continued automotive use, this well-maintained property is a fantastic investment for business growth in Livermore and with multi-family residential develop adjacent to the Property, it offers a long term redevelopment play.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,842 SF
Building Class
C
Year Built
1984
Price
$3,732,750 CAD
Price Per SF
$770.91 CAD
Cap Rate
5.95%
NOI
$222,064 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.51 AC
Zoning
Downtown Specific Plan
Parking
7 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Signage
- Drive Thru
- Wheelchair Accessible
- Monument Signage
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 098-0275-017-00 | Improvements Assessment | $1,489,670 CAD (2025) |
| Land Assessment | $893,802 CAD (2025) | Total Assessment | $2,383,472 CAD (2025) |
PROPERTY TAXES
Parcel Number
098-0275-017-00
Land Assessment
$893,802 CAD (2025)
Improvements Assessment
$1,489,670 CAD (2025)
Total Assessment
$2,383,472 CAD (2025)
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2653 Old 1st St
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